Current Market Update

Tokyo (Nikkei Average) up 0.9%
Hong Kong (Hang Seng Index) down 1.8% 
Shanghai (Shanghai Composite Index) up 0.7% (at break) 
Sydney (S&P/ASX 200) down 1.8% 
Seoul (Kospi) down 0.7% 
Mumbai (Sensex) up 0.3% 
Taipei (Taiex) down 0.6%

Asian Market Update

Asian markets were mixed on Monday after China released data pointing to further weakness in the country's manufacturing sector, while Tokyo hit a seven-year high as the yen slipped against the dollar.

Energy firms took a hit for a second successive session while airlines climbed after OPEC's decision to maintain oil output levels despite a supply glut and plunging prices.

Tokyo rallied 0.98 per cent to its highest level since July 2007 thanks to fresh yen weakness, while Shanghai added 0.60 per cent on hopes for more economy-boosting measures from China's leaders.

However, Hong Kong sank 1.29 per cent, Sydney slipped 0.78 per cent and Seoul was 0.86 per cent lower.

SGX Singapore Opening Market Update

SINGAPORE share prices opened flat on Monday with the Straits Times Index up 2.05 points to 3,352.55.

Volume was 84.9 million shares worth S$91.7 million.

Losers outnumbered gainers 64 to 60.